The Union Budget 2018 hasn't been music to the bond market. Apart from pushing the 10-year bond yield up by nine basis points, it has strengthened the case against long-term debt funds. Mutual fund advisors believe that the higher fiscal-deficit target announced in the budget is the final call for investors to get out of long-term bond funds and there is no point waiting for the fortunes of long-term debt funds to turn around. Watch experts analyse the impact of long-term capital gains on your portfolio.